There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Pimple Saudagar branch in Pune, Pune, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Saraswat Cooperative Bank Limited situated in Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SRCB0000380. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Saraswat Cooperative Bank Limited, Pimple Saudagar, Pune
Here are the main details that are associated with the IFSC Code SRCB0000380 of Saraswat Cooperative Bank Limited for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0000380 |
| Branch | Pimple Saudagar |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Dwarka Lords, 30 To 33,Survey No.122/1 2 3,Pimple Saudagar,Pune 411 027. |
These details helps users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000380 for the Pimple Saudagar branch of Saraswat Cooperative Bank Limited plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Saraswat Cooperative Bank Limited located in Pimple Saudagar, Pune, Maharashtra, is provided a unique IFSC like SRCB0000380 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Saraswat Cooperative Bank Limited branch in Pune.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Pune and Pune.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Saraswat Cooperative Bank Limited in Pimple Saudagar do not get misguided to another person.
Format of the IFSC Code SRCB0000380
The format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Saraswat Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Pimple Saudagar in Pune.
For example, the IFSC Code SRCB0000380 of Saraswat Cooperative Bank Limited for the Pimple Saudagar branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
To find the IFSC Code SRCB0000380 of Saraswat Cooperative Bank Limited for its Pimple Saudagar branch located in Pune, the following methods can help you out:
Cheque Book
The cheque book issued by Saraswat Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Saraswat Cooperative Bank Limited branches in Pune and Pune, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Saraswat Cooperative Bank Limited and go to the branch locator section. Then search for Pimple Saudagar or Pune to find the exact IFSC Code SRCB0000380.
Mobile Banking App
If you use Saraswat Cooperative Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Saraswat Cooperative Bank Limited and Pune will provide accurate information.
How to Use IFSC Code SRCB0000380 for Online Transfers?
Once you have the IFSC Code SRCB0000380 for the Pimple Saudagar branch of Saraswat Cooperative Bank Limited in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SRCB0000380. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Saraswat Cooperative Bank Limited IFSC Code SRCB0000380.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Saraswat Cooperative Bank Limited Pimple Saudagar in Pune, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Saraswat Cooperative Bank Limited in Pimple Saudagar, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Saraswat Cooperative Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Pune to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0000380.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Dwarka Lords, 30 To 33,Survey No.122/1 2 3,Pimple Saudagar,Pune 411 027. located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.